Thai stock market situation: Closed positive 3.23 points, trying to rebound but still lacking new factors to support the Fed after it stopped raising interest rates.

SET closed today at 1,383.54 points, an increase of 3.23 points (+0.23%), trading value 35,519.36 million baht.

Stock trading today The index tried to rebound but did not go far. The lowest point was 1,374.60 points and the highest point was 1,389.49 points.

As for securities, today’s change increased by 224 securities, decreased by 233 securities, and remained unchanged by 194 securities.

Mr. Narongdet Chanthapaisarn, Director of Securities Analysis at AIRA Securities, said that the Thai stock market today is trying to rebound but has not gone far. Because there is still a lack of new positive factors.

Even the beginning of the morning session was positive according to foreign factors. Responding to expectations that the US Federal Reserve (Fed) will stop raising interest rates. But with the US government bond yield (Bond Yield) falling to the level of 4.2%, which is considered to have come down quite a bit, giving a chance to see a rebound, causing the market to not adjust upwards much.

There is also pressure from energy stocks. from the price of oil that has dropped further Including the Thai stock market will be closed tomorrow (5 Dec.)

Trend this Wednesday (6 Dec. 2023) expects the market to swing sideways. It is recommended to be careful of additional selling pressure from bond yields that have a chance of rising again. Support is set at 1,375 points and resistance at 1,390-1,400 points.

As for the securities with the highest trading value, 5 securities

PTT trading value 3,488.89 million baht, closed at 35.75 baht, an increase of 0.50 baht.

AOT trading value 2,065.91 million baht, closed at 60.00 baht, an increase of 1.50 baht.

PTTEP trade value 1,446.03 million baht, closed at 145.50 baht, decreased 3.00 baht.

ADVANC trading value 1,333.09 million baht, closed at 221.00 baht, an increase of 2.00 baht.

CPALL trading value 1,169.50 million baht, closed at 53.25 baht, price unchanged.